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Flows for rectangular matrix models

Several new results on the multicritical behavior of rectangular matrix models are presented. We calculate the free energy in the saddle point approximation, and show that at the triple-scaling point, the result is the same as that derived from the recursion formulae. In the triple-scaling limit, we obtain the string equation and a flow equation for arbitrary multicritical points. Parametric solutions are also examined for the limit of almost-square matrix models. This limit is shown to provide an explicit matrix model realization of the scaling equations proposed to describe open-closed string theory.